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Rising per capita income- average income in India is rising by 10 percent.<br>Jewellery market in India is home to more than 500,000 players, with the majority being small players.<br>
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MARKET OPPORTUNITIES IN ACCESSORIES Rising per capita income- average income in India is rising by 10 percent. Rising Urbanization- 42% by 2030. Younger population. Dropping dependency ratio-35% in 1991 to 28% in 2016.
MARKET SIZE OF FASHION JEWELRY • Jewellery market in India is home to more than 500,000 players, with the majority being small players. • UAE, US, Russia, Singapore, Hong Kong, Latin America and China are the biggest importers of Indian jewellery. • The overall gross imports of Gems & Jewellery in December 2015 stood at US$ 2.23 billion. • According to a report by Research and Markets, the jewellery market in India is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.95 per cent over the period 2014-2019.
TARGET MARKET From the profiling, the target customers are: Urban women- in Metros and Tier 1 cities for stores. Online channel - Pan India Age group- 22 to 40 years Value, affordable fashion buyers Everyday usage
WOMEN FASHION ACCESSORIES, ALSO INCLUDE BAGS, BELTS, WALLETS ETC. Source : TechnoPak
Fashion accessories command 10 %of the overall fashion market, or $30 billion, according to the Accessories CouncilBags, handbags and office bags in the premium range are usually purchased through organized sector retail outlets at high streets and malls.Although the presence of brands is certainly limited as 74% of the market is dominated by unbranded players, thus making it a style driven market.
http://www.theclosetlabel.com/ Malaika handpicks collections are affordable but without sacrificing quality. Her unmatched sense of style is at the core of our distinct selection of clothing and accessories. Malaika wants everyone to look effortlessly stylish every single day, whether you’re at the gym or rushing off to your 10 AM meeting.
MEN'S JEWELLERY GETS IN THESPOTLIGHT!HOW BIG IS IT? • India is quickly overtaking the US to become the third largest market for men's jewelry. • The size of the accessories market ranges from Rs 1,500 crore to Rs 3,000 crore and has been growing at 15 to 18 per cent. • Margins are 10 to 15 per cent higher on accessories than apparel. • Fancy bracelets, studs, rings, cufflinks, and chains are becoming a fashion statement for men. • For instance, accessories contribute 5 per cent to Raymond’s revenues and the company expects this to go up to 10 per cent in the next two years.
The size of the market for mobile accessories is about Rs 1,500 crore, according to industry estimates, in 2015. Online retailing plays a big part. Mobile accessories constitute seven per cent of overall mobiles related searches on Junglee.com. 46% of consumers searched for accessories such as cases and covers, followed by headsets (14%) and screen protector foils, in 4 weeks. Cases were most often bought by consumers at 36% of all accessories purchased.
http://propshop24.in/ PropShop24 offers lifestyle essentials, awesome gifts, perennial party supplies & both whimsical and practical ‘Props’ for your home, workplace, bar & parties. It is this dilemma coupled with a passion for offbeat design & the unavailability of fun, unique products in India that drew 4 friends into co founding PropShop24. They are currently working with designers/ design houses in France, Germany, Holland, Hong Kong, Israel & USA.
http://www.chumbak.com/ They have always wanted to do something different. Something that was fun, something that we loved. Well then they said Hello Chumbak. Their inspiration comes from just looking all around . They have over 30 categories of products including fridge magnets, keychains, bobble heads, tshirts and boxer shorts, coffee mugs, phone cases, laptop sleeves and a whole bunch more.
http://indiacircus.com/ India Circus Retail Pvt. Ltd. offers contemporary-chic, sophisticated, and affordable style for various areas of your life, from home decor to personal accessories. With an All-Indian palette, they draw inspiration from both Mughal Royalty as well as road-side chai. They offer a diverse and distinct array of moods and tones, which we feel represents India.
WEBSITE EXAMPLES FOR TRENDING WOMEN ACCESSORIES http://www.theclosetlabel.com/ http://paperlillie.com/ http://street311.com/ http://www.limeroad.com/ http://www.forever21.com/ http://www.tidebuy.com/ http://www.gojane.com/
WEBSITE EXAMPLES FOR TRENDING TECH ACCESSORIES www.chumbak.com http://propshop24.in/ http://indiacircus.com/ http://www.happilyunmarried.com/ www.griffintechnology.com www.moschino.com
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